Home / Tag Archives: commercial (page 2)

Tag Archives: commercial

DigitalGlobe 1Q Gov’t Revenue Up 17%, Overall Sales Jump 8%

DigitalGlobe (NYSE: DGI) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The geospatial services contractor said revenue for its U.S. government business increased 17.6 percent from the prior year period to $114.8 million and overall sales for DigitalGlobe rose 8.2 percent year-over-year …

Read More »

Iridium 1Q Gov’t Service Revenue Up 13%; Matt Desch on Company’s New Air Traffic Pacts

Iridium Communications (NASDAQ: IRDM) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2014. The McLean, Va.-based satellite services provider reported a year-over-year revenue increase of 13 percent in its government services segment to $18 million,  activity Iridium attributed to the company’s $400 million …

Read More »

Private Equity Firm Marlin to Buy General Dynamics’ Fidelis Cyber Business

Los Angeles-based investment firm Marlin Equity Partners has agreed to purchase threat detection services business Fidelis Cybersecurity Solutions from General Dynamics (NYSE: GD) for an undisclosed sum. Marlin said Tuesday it expects to close the deal in the second quarter of its 2015 fiscal year and aims to grow its presence in a breach defense and …

Read More »

TCS Reports 19% Jump in 4Q Revenue, 30% Bump in Gov’t Segment; Maurice Tose Comments

TeleCommunication Systems (NASDAQ: TSYS) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Annapolis, Md.-based wireless technology contractor said its revenue for the quarter grew 19 percent from the prior year period to $93.3 million and total revenue for the year was …

Read More »

Boeing FY 2014 Revenue Up 5%, Full-Year Profit Jumps 19%

Boeing (NYSE: BA) has announced financial results for both the fourth quarter and 2014 fiscal year ended Dec. 31, 2014. The Chicago-based aerospace and defense company reported a 3-percent increase in revenue for the quarter to $24.47 billion over the prior year period and a 5-percent bump for the full year to …

Read More »

Steve Comber Joins ManTech as Health Business SVP, GM

Steve Comber, formerly president of Leidos‘ (NYSE: LDOS) health group, has joined ManTech International (NASDAQ: MANT) as senior vice president and general manager of the company’s federal health business unit. “Federal health (information technology) is a strategic focus for ManTech, ” George Pedersen, ManTech chairman and CEO,  said Tuesday. At ManTech, Comber …

Read More »

NGA Taps BAE to Update Geospatial Data Product Platform; Rex Ballard Comments

BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — will help the National Geospatial-Intelligence Agency install one of the company’s commercial software products into a platform the agency uses to store and manage geospatial intelligence. The company said Tuesday it was awarded a potential seven-year contract to help integrate …

Read More »

Wartsila to Buy L-3’s Marine Systems Int’l Business for $357M; MIchael Strianese Comments

L-3 Communications (NYSE: LLL) has agreed to sell its Marine Systems International business to Wartsila Corp. for $357 million in a move that L-3 CEO Michael Strianese says is part of the company’s plan to reshape its portfolio. The companies expect to complete the transaction in the second quarter of 2015 and Wartsila will assume $75 …

Read More »

Iridium Records 7% Revenue Hike for 3Q 2014, Gov’t Services Sales Up 14%

Iridium Communications (NASDAQ: IRDM) has announced financial results for the third quarter of its 2014 fiscal year, which ended Sept. 30, 2014. Revenue for the McLean, Virginia-based satellite services contractor rose 7 percent to $107.5 million from the prior-year quarter and profit increased approximately 22.9 percent to $20.4 million. The company’s …

Read More »

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in …

Read More »